italy lowers growth forecasts for 2011 2012
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Italy lowers growth forecasts for 2011, 2012

Egypt Today, egypt today

Egypt Today, egypt today Italy lowers growth forecasts for 2011, 2012

Milan - AFP
The Italian government lowered its growth forecast sharply on Thursday, while insisting that the austerity plan adopted last week is sufficient to balance the country's budget by 2013 as planned. Italy now forecasts a 0.7 percent growth in 2011, 0.6 percent in 2012 and 0.9 percent in 2013, compared to previous forecasts in April of 1.1 percent, 1.3 percent and 1.5 percent, the finance ministry said.
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italy lowers growth forecasts for 2011 2012 italy lowers growth forecasts for 2011 2012



 
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